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Sunday, November 27, 2022
HomeCryptocurrencyTurkey Seizes Belongings of FTX Founder Sam Bankman-Fried

Turkey Seizes Belongings of FTX Founder Sam Bankman-Fried

Turkish authorities have seized the property of seizes property of former FTX CEO Samuel Bankman-Fried, in keeping with a report by Anadolu Company.  

The Ankara-based state-run information company has added that the property of FTX associates have been confiscated as nicely amid an investigation over fraud allegations. The brand new probe launched by launched by the Monetary Crimes Investigation Board (MASAK).

In his assertion, Treasury and Finance Minister Nureddin Nebati mentioned that the cryptocurrency market needed to be handled with “most warning,” arguing that this sector brings each new dangers and alternatives.  

The sudden downfall of the FTX empire has prompted requires extra stringent cryptocurrency regulation.

FTX TR, a subsidiary situated in Turkey, is a part of Bankman-Fried failed cryptocurrency empire.   

BitcoinMasterNews

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